Course info

Entrepreneurship
(TE-ENT 101)

ENTREPRENEUR
This course explains why it is worthy to learn entrepreneur skills and the way of doing it. It is not created for experienced entrepreneurs. It focuses on beginners, especially on those who want to establish a successful business within tourism activities. Course  consists of three sections, which cover the most important parts for an entrepreneur. Each section consists of an introduction, objectives, units, a test, questions, some helpful links and a conclusion.
The First section describes basic steps. This section will help you decide whether you have what takes you to set up a new business. It also provides information about starting a business and outlines the skills and qualities that you will need.
The Second section is about how to make a business plan. This section will show you how to prepare a high-quality plan using a number of easy-to-follow steps. It describes a business, its objectives, its strategies, the market it is in and its financial forecasts.
In the Third section, cash flow is described. This section characterizes cash flow in general, explains what it is and provides with the most common used formula for calculating.
Who is an entrepreneur?
The term is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.Often the entrepreneur is not the person or persons who actually create the new good or service. Rather, he or she is the one who has the vision of how that idea can be turned into reality for the benefit of everyone.
There are many reasons why people decide to work for themselves. Many believe they will earn more money, while others seek to meet a social need. Some are motivated by an idea they have or a gap in the market they have spotted, while some want to turn their hobby into cash. Many people simply grow tired of working for someone else and seek the satisfaction of calling the shots and overcoming new challenges. Starting own business and managing its development can be exciting, liberating and challenging experience.